Analysis Of Financial Statements Based On The Framework Of Harvard

Under the back ground of the rapid development of economy and society,accounting information plays a more and more important role in economic and social activities.Reading and analyzing the financial statements of an enterprise has become an essential skill for the students to survive in the Furure Ltd.The three professors at Harvard University presented the Harvard analisis framework,which is characterized by a combination of qualitative and quantitative science,which can be used to determine how to effectively and scientifically analyze it from another perspective.It is from the strategic aspect to analyze the financial situation of enterprises,the external opportunities and threats have been taken into account,the internal environment of the strengths and weakness are considered,and points out the direction for the future development of enterprises in scientific prediction.Harvard framework is composed of strategic analysis,accounting analysis,financial analysis and prospect analysis of four analysis are effectively combined,can effectively grasp the direction of financial analysis.This paper takes Shanxi Xinghuachun Fenjiu Ltd.as an example,the activities about the enterprise engaged in the business environment and strategy to combat,finally through the accounting policies and accounting estimates formed a financial report show in front of the public.The Harvard framework provides effective support to enterprises,respected scholars in China will be a combination of strategy and the science of accounting,because this method has injected new blood for the financial analysis of enterprises,but also with some people who have a similar perspective of ideological collision.The Harvard framework analysis to analyze the financial statements of the enterprise,more close to the Shanxi Xinghuachun Fenjiu Ltd.needs to combine it with management,and proposes suggestions for Shanxi Xinghuachun Fenjiu Ltd.